Statute · California Government Code
Cal. Gov't Code § 43781 — Investment Bond Act of 1909
Cal. Gov't Code § 43781
- Type
- Statute
- Source
- California Government Code
- Jurisdiction
- California
- Current through
- Nov 2, 2026 (California Legislative Counsel)
When the legislative body of any city has acquired any district bonds pursuant to this article, it may, as an alternative to the procedure prescribed in Sections 43775 to 43780, inclusive, cancel all or any of such district bonds, if in its opinion the public interest and welfare will be better…
Citator
Cal. Gov't Code § 43781 — Investment Bond Act of 1909 is in force in the current edition of the Code, and nothing recorded condemns it.
When the legislative body of any city has acquired any district bonds pursuant to this article, it may, as an alternative to the procedure prescribed in Sections 43775 to 43780, inclusive, cancel all or any of such district bonds, if in its opinion the public interest and welfare will be better served by such cancellation than by enforcing the lien securing the bonds.